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12-26*. Unida Systems has 42 million shares outstanding trading for $10 per share. In addition, Unida has $94 million in outstanding debt. Suppose Unida's equity

image text in transcribed 12-26*. Unida Systems has 42 million shares outstanding trading for $10 per share. In addition, Unida has $94 million in outstanding debt. Suppose Unida's equity cost of capital is 16%, its debt cost of capital is 8%, and the corporate tax rate is 35%. a. What is Unida's asset cost of capital or unleveraged cost of capital? b. What is Unida's after-tax debt cost of capital? c. What is Unida's weighted average cost of capital? d. If you are evaluating a project and consider that that project has the similar risk as Unida System, estimate the project's cost of capital if the project is financed by all equity? If the project is financed by both debt and equity as similar to Unida, is the project's cost of capital higher or lower

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